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Continuation of quantitative relaxation: how justified is it? (I)

Continuation of quantitative relaxation: how justified is it? (I)

The inflation rate below the target, an unsatisfactory economic growth rate but also the over-indebtedness of some states and the need to stimulate the export of the euro area through a devaluation - arguments for the option of a new round of quantitative relaxation

The European Central Bank (ECB) resumed, in the summer of 2019, the rhetoric about the need for a new round of quantitative easing, ie expanding its own balance sheet by issuing money, in exchange for the purchase of securities.

For more information, please see the Romanian version of the article, here.

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BANCA NATIONALA A ROMANIEI